Gold miners dominate this year’s TSX30

[Ben Graham]

Mining companies accounted for over half of the entries on this year’s TSX30 — an annual list of the 30 top-performing names on Canada’s largest stock exchange over a three-year period.

The best performer in the mining industry was Vancouver-headquartered Lundin Gold (TSX: LUG), with a gain of 775%, good for second place behind supply chain solutions provider Celestica (TSX: CLS), which amassed a near 1,600% jump over the three years.

The other mining companies and their respective rank and gains are as follows:

Overall Rank	Company	Symbol	Gain (%)
5	Avino Silver & Gold Mines	ASM	610
10	Almonty Industries	AII	427
11	New Gold	NGD	394
12	Kinross Gold	K	394
13	IAMGOLD	IMG	385
14	Torex Gold	TXG	347
19	Alamos Gold	AGI	310
21	Perpetua Resources	PPTA	290
22	Orla Mining	OLA	289
23	Cameco	CCO	277
25	China Gold International Resources	CGG	274
26	Dundee Precious Metals	DPM	264
27	Eldorado Gold	ELD	238
28	Galiano Gold	GAU	226
29	Skeena Resources	SKE	219
30	Taseko Mines	TKO	205

In total, the 2025 TSX30 list had 17 mining companies, compared with just six in the 2024 edition. The performances were also more significant, with market values rising by at least threefold.

Gold dominates

Nearly all of these mining companies (15) have businesses revolving around gold, coinciding with the precious metal’s rise over the past three years, during which prices have more than doubled from around $1,650 an ounce to over $3,600 currently.

RANKED: Top 10 gold mining companies of 2025

The only names with no ties to gold are Almonty and Cameco, whose businesses are centred around critical minerals tungsten and uranium, respectively.

Notably, there was only one predominant copper miner — Taseko — while two prominent copper names (Filo and Teck) featured in last year’s list.